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UK Residential Market Survey December 2024 [Electronic resource] - London, Royal Institution of Chartered Surveyors, January 2025 - 17p - RICS UK Residential Market Survey .

The December 2024 RICS Residential Market
Survey results point to the slightly brighter picture
seen over recent months remaining in place, with
most activity metrics still in modestly positive
territory. That said, while near-term expectations
are, for the time being, consistent with this trend
being broadly sustained over the coming months,
the macroeconomic environment looks to have
turned more challenging of late. Indeed, the recent
rise in bond yields along with other lending rates, if
sustained, may prove to be a significant headwind
moving forward.
During the final month of the year, a headline net
balance of +5% of respondents cited an increase in
new buyer enquiries. This is slightly down from the
+11% reading registered in each of two previous
months and does in fact mark the least positive
return since July. As such, the December figure is
signalling a flatter trend now coming through in
terms of buyer demand

Subjects--Topical Terms:
HOUSING MARKET
RESIDENTIAL PROPERTY

Subjects--Geographic Terms:
United Kingdom